Taipei, May 13, 2008 (CENS)--The emerging enterprise market has targeted to attract listings by over 50 overseas enterprises, more than that on the Hong Kong bourse now, thereby developing the market into Asia`s Nasdaq, said Lu Daung-yen, chairman of the GreTai Securities Market yesterday (May 12).

Lu made the remark when leading a delegation of nine Taiwanese enterprises listed on the GreTai Securities Market (over-the-counter market) for holding investment roadshows in London, in an attempt to augment the profile of the market among foreign investors.

Lu pointed out that in comparison with the maturing central market and OTC market, the emerging enterprise market is still staying at the budding stage, with substantial development room and molding possibility. He was confident to see at least one overseas enterprise listed on the emerging enterprise market by the end of this year.

Lu plans to visit the Silicon Valley in June encouraging enterprises there to list their shares on the emerging enterprise market. He proposed to set up an intelligence-property service platform to meet the needs of some Silicon-Valley enterprises which intend to transform into an R&D outfit before listing their shares on the emerging enterprise market.

In addition to hi-tech firms, the emerging enterprise market also targets to solicit listings of agro-tech enterprises abroad, according to Lu.

(by Philip Liu)